Effective November 1st: Changes to Oklahoma’s Cannabis License Renewal Process
Senate Bill 1939 has brought about significant changes regarding late renewal fees for cannabis business licenses in Oklahoma. Previously, there was a flat $500 non-refundable fee for renewing a license after it had expired. However, with the implementation of Senate Bill 1939 on November 1st, 2024, a new system has been implemented.
Under the new bill, businesses will now be required to pay $500 each week their license remains expired. This means that failing to renew your license promptly could result in significant financial penalties. Cannabis businesses must stay informed about these changes and ensure that they renew their licenses promptly to avoid accruing unnecessary fees.
Stay Informed and Avoid Late Renewal Fees
As a cannabis business owner in Oklahoma, staying informed about the latest regulations and requirements, such as those related to renewal fees is essential. By staying proactive and submitting your renewal application before your license expires, you can avoid costly penalties and disruptions to your operations.
At the OK Cannabis Law Office, we are committed to helping cannabis businesses navigate the complex legal landscape in Oklahoma. If you have any questions or need assistance with your license renewal process, do not hesitate to reach out to a Tulsa cannabis attorney for guidance.
Take Action Today – Low-cost Consultation Available
Don’t wait until it’s too late to address your license renewal needs. Contact the OK Cannabis Law Office today at 918-932-2879 to schedule a low-cost consultation with our experienced OMMA compliance attorneys in Tulsa. Let us help you ensure compliance with the latest regulations and avoid unnecessary late renewal fees. Your success is our priority, and we are here to support you every step of the way.